Millennial Money

Millennial Money

Millennial Money educates millennials about the fundamentals of personal finance. The column is written by staff members who fall into the millennial generation and who are themselves grappling with issues ranging from budgeting to buying a home to saving for long-term goals.

April 3, 2020

Don’t Leave Your Benefits Behind

When changing jobs, lock down health insurance and don’t forget your 401(k).

See More On: Employee Benefits | Careers

March 6, 2020

Can You Count on Social Security?

I think benefits will be available in some form, but I’m not relying on them for the bulk of my income.

See More On: Social Security | Saving for Retirement

January 30, 2020

Why You Need a Renters Insurance Policy

The average monthly premium for renters insurance is about $17 a month for $40,000 in personal property coverage, according to Insurance.com.

See More On: Home Insurance | Family Finances

December 23, 2019

How to Pay for Pricey Prescriptions

Paying for expensive medications is especially painful if you’re in a high-deductible plan.

See More On: Health Care & Insurance | Smart Buying

November 27, 2019

When Renting Is Smarter Than Buying

You’re not necessarily throwing your money away when you rent.

See More On: Buying & Selling a Home | Family Finances

August 29, 2019

Giving to Charity When You're on a Budget

Don’t forget that your time has value, too. Volunteering is the best way to see if you like how the charity is run.

See More On: Budgeting | Family Finances

July 3, 2019

Wipe Out Debt, One Step at a Time

Pay off debt with the highest interest first, stick to a schedule and automate payments.

See More On: Getting Out of Debt | Family Finances

June 6, 2019

The Talk Before Moving In Together

Merging households and finances is a major step. Be sure to have an open and honest dialogue about each other's income and spending habits beforehand.

See More On: Family Finances | Financial Planning

May 9, 2019

Target-Date Funds Might Not Be Right for You

Branching out and investing in a mix of funds can give you a portfolio that’s cheaper, better diversified and more in line with your needs.

See More On: Mutual Funds | Stocks & Bonds

April 4, 2019

Get a Head Start on College Savings

It’s a daunting prospect. In 18 years, attending an in-state public college for four years will likely cost a total of about $233,000.

See More On: Paying for College | Saving Money

March 6, 2019

Don’t Be Afraid to Do Your Own Taxes

Even if you have to pay for tax software, it’s cheaper than hiring a tax preparer.

See More On: Tax Prep & Filing | Tax Planning

January 31, 2019

Emergency Funds Can Reduce Stress

Your savings can bail you out of a situation you may not think of as an emergency.

See More On: Family Finances | Saving Money

January 3, 2019

Monopoly for a New Generation

The game plays into millennial stereotypes, but in reality we’re not much different than other generations.

See More On: Family Finances | Business Costs & Regulation

November 29, 2018

Young & Scrappy -- And Saving for Retirement

No excuses. You don’t need a 401(k) or employer match to save.

See More On: Saving for Retirement | Saving Money

October 31, 2018

Earn Extra Income With a Side Hustle

Many people choose a business that takes advantage of skills they’ve developed at a 9-to-5 job.

See More On: Careers | Financial Planning

October 4, 2018

Talk to Your Parents About Caregiving

While they're still active and healthy, you should broach the subject of what assistance they'll expect from you as they age.

See More On: Caregiving | Family Finances | Financial Planning

August 30, 2018

Why Everyone Needs an Estate Plan

Even if you're unmarried and without dependents, you should still have a will.

See More On: Estate Planning | Wealth Management

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